08-22-2007 10:08 PM
08-23-2007 10:05 AM
I am not sure there is much sublety that can be applied to DTI. Either I has to go up or D has to go down. If it is for a mortgage, I assume they prefer D to be installment not CC, and preferably established installment not new installment
myhearts07 wrote:Ok ya'll that was kinda obvious. But how would one know where to start and figure out what would really make a difference?
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO